U.S. President Donald Trump announced on January 21 that Japan's SoftBank Group, Open AI and Oracle will together
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI) endeavour President Donald Trump unveiled this week, the Information reported.
By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
Masayoshi Son, the Japanese tycoon helming US President Donald Trump’s big new AI push, is the son of an immigrant farmer with a spectacular but also sketchy investment
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Japanese tech giant SoftBank Group Corp. as well as OpenAI and Oracle Corp. will form a new company that will invest at least $5
OpenAI, SoftBank and Oracle
SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate investment to $500 billion. The initiative, supported by President Donald Trump,
The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL), and Abu Dhabi’s MGX.
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later. For a Japan Inc anxious about how to navigate the second term of President Donald Trump - and the threat of steep tariffs or other punitive measures - that approach may not be so easy to replicate.
Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the next four years, creating 100,000 jobs. Those investments will focus on infrastructure that supports AI, including data centers, energy generation, and chips, according to a source.
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from China and other countries.